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Commentary on The Capital Markets- Category [Flash]

Aha....

Investigators are studying an airplane fragment discovered Wednesday on an island in the Indian Ocean, but they say it is too early to tell whether it might hold a clue to the disappearance of Malaysia Airlines Flight 370 last year.

This is now being reported by the AP as confirmed to be from the same type of aircraft as MH370.  Further, it appears that the piece has been in the water for a long time -- that is, that it washed up here in some fashion rather than crashing down onto land.

This does not mean that it is definitely from the plane, but as far I as know there are no other aircraft of that specific type that are missing without a trace, and from which it reasonably could have come.

This is consistent with the aircraft running out of fuel over the Indian Ocean.

More as is learned...

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2015-07-21 13:16 by Karl Denninger
in Flash , 261 references
 

Headline:

Lifelock allegedly violated their settlement with the FTC that claimed the firm made false claims about their "identity theft" protection service; the firm paid a $12 million fine at the time as well.

The stock detonated by 26% in minutes on ridiculous volume and is now halted.

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There was just a report on the "news" that Twitter had a bid pending for the company.

There is now belief that this "deal" announcement was fake.

So much for so-called "news" outlets bothering to identify the source and verifying it before going public with it.

Further, where are the damned handcuffs for the people that run this crap (and, almost-certainly, traded in front of it too.)

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2015-07-12 19:47 by Karl Denninger
in Flash , 266 references
 

..... right!

An illegal Mexican immigrant allegedly kidnapped a 13-year-old girl from her Florida home last week and sexually abused her before police located the pair in Michigan, Fox 28 reported.

The Van Buren County sheriff's office in southwestern Michigan says 23-year-old Aurelio Hernandez-Gomez was arraigned Friday in South Haven.

Nice people we have coming in here illegally; after all their first act in America is to break the law, and then they break it every day thereafter for as long as they're here.

What's a little kidnapping and child sexual assault while you're at it....

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Then the price of every other asset is also a fake price -- Commentator on CNBC just now.

Of course you think this is great right now with the DOW up 200+ points, right?

Oh, the truth keeps coming: -- "all that is happening is pulling forward activity and encourages excessive leverage." (gee, who's said that for the last 8 years?)

He also just brought up the damage pension funds take in their laddered portfolios.

Peter...... oh my......

Update: Watch the segment here...

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